Global Flow Chemistry Market to grow at 10% CAGR from 2016 – 2024

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Flow Chemistry Market to cross 2bn by 2024
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Key Insights of Flow Chemistry Market

• Flow Chemistry industry analysis is covered in
  this latest research report that aims to help
  those taking daily business decisions by
  providing market trends information, competitive
  landscape scenario, forecasts and more.
• The numerous advantages offered by process
  reactors over batch reactors will impel flow
  chemistry market over the next few years. Flow
  chemistry encompasses a range of chemical
  processes that occur in a consistent flow, by
  means of pumping reagents using multiple
  reactors. Fume emissions due to conventional
  chemical processes and safety concerns over
  health have necessitated the deployment of
  organic synthesis in laboratories, which will
  propel flow chemistry industry. As per Global
  Market Insights, Inc., Flow chemistry market
  size, worth USD 900 million in the year 2015, is
  anticipated to cross USD 2 billion by 2024, with
  a CAGR estimation of 10 over 2016-2024.

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Continued

• The flow chemistry process finds applications
  across the chemical, petrochemical, academic
  research, pharmaceutical, and industrial research
  sectors. Flow chemistry market from
  pharmaceutical applications is touted to be the
  segment to witness the highest gains over
  2016-2024. This growth can primarily be
  attributed to the fact that the flow chemistry
  process offers the benefits of low operational
  cost, high safety measures, and a high yield,
  which are vital in the pharma sector.
• The pharmaceutical industry has been growing
  rapidly across the developed regions such as
  Europe and North America. Subject to this factor,
  flow chemistry industry in North America, led by
  the U.S., is projected to grow at a rate of 9
  over 2016-2024. Additionally, the United States
  boasts of an abundance of petrochemical and
  natural gas feedstock, which is likely to impel
  this market.
• In 2015, continuous stirred tank reactor (CSTR)
  led the product segment of global flow chemistry
  market. Functioning in a serial operation and
  operating with a considerably less cost, these
  reactors are massively used in chemical and
  petrochemical sectors, which will impel CSTR flow
  chemistry industry in the years to come. In
  addition, these reactors display high
  productivity and consume less energy, which will
  further propel CSTR market size.

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U.S Flow Chemistry Market share, by end-user,
2013-2024 (USD Million)

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Continued.

• Microreactor system flow chemistry market is
  expected to have the highest growth of 15 over
  2016-2024, subject to high heat transfer
  properties.
• Key participants of global flow chemistry
  industry held more than 40 of the overall share
  in 2015, these statistics prove that this market
  is fairly consolidated. Leading players adopt
  strategies such as collaborations and
  partnerships with chemical and pharmaceutical
  companies to enhance their business position.
  Major firms operating in this market include
  Chemtrix BV, ThalesNano Inc., Uniqsis Ltd.,
  Vapourtec Ltd., AM Technology, ThalesNano Inc.,
  Milestone Srl, Koninklijke DSM N.V., and
  FutureChemistry Holding BV.

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